DELFOOD: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
DELFOOD
NACE 46.360, Wholesale trade
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€4.6m
2023 · €185,788-€4.7m
Equity
€2.8m
2023 · €2.4m+€449,074
Cash
€716,707
2023 · €1.1m-€423,982
Balance sheet total
€28.7m
2023 · €33.0m-€4.3m
Largest movements
Assets
- Receivables within one year -€1.7m
down €1.7m (-11.7%), from €14.4m to €12.7m
of which Trade receivables: -€1.7m
- Stocks and contracts -€1.2m
down €1.2m (-9.1%), from €13.6m to €12.3m
- Tangible fixed assets -€1.0m
down €1.0m (-28.8%), from €3.6m to €2.6m
of which Plant, machinery and equipment: -€719,459
- Cash -€423,982
down €423,982 (-37.2%), from €1.1m to €716,707
mainly Trade debts (-€5.7m) and Net result for the year (-€4.6m)
Equity and liabilities
- Trade debts -€5.7m
down €5.7m (-25.2%), from €22.5m to €16.9m
- Other debts +€1.2m
up €1.2m (+45.1%), from €2.7m to €4.0m
- Contributions +€1.2m
up €1.2m (+21.1%), from €5.7m to €6.9m
of which Outside capital: +€1.2m
- Profit (loss) carried forward -€750,926
down €750,926 (-19.2%), from -€3.9m to -€4.7m
- Tax, wage and social debts -€438,720
down €438,720 (-21.7%), from €2.0m to €1.6m
of which Remuneration and social security: -€398,982
Income statement
No income-statement line moved by more than 1% of the activity.
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2023
€185,788
Turnover
-€581,638
Other operating income
-€1.9m
Goods and materials
-€116,223
Services and other goods
-€116,271
Staff costs
+€364,595
Depreciation
+€162,438
Write-downs
+€105,153
Provisions
+€78,203
Other operating charges
-€163,035
Other operating items
-€2.2m
Financial income
-€118,775
Financial charges
-€161,373
Taxes
-€454
Result 2024
-€4.6m
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€5.2m
Investment
-€227,620
Financing
+€5.0m
Cash 2023
€1.1m
From operations (derived)
-€5.2m
Net result for the year
-€4.6m
Depreciation
+€1.3m
Receivables after one year
+€4,923
Stocks and contracts
+€1.2m
Receivables within one year
+€1.7m
Deferred charges and accrued income
-€68,676
Provisions
-€52,371
Trade debts
-€5.7m
Tax, wage and social debts
-€438,720
Other debts
+€1.2m
Accrued charges and deferred income
+€150,626
Investment (derived)
-€227,620
Investment in fixed assets (net)
-€227,620
Financing
+€5.0m
Debts after one year
+€7,076
Current portion of long-term debt
+€86
Contributions, distributions and other
+€5.0m
Cash 2024
€716,707
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,008,422 | €28,688,043 | -€4.3m | -13.1% |
| Fixed assets | 21/28 | €3,680,135 | €2,639,984 | -€1.0m | -28.3% |
| Intangible fixed assets | 21 | €59,312 | €60,504 | +€1,192 | +2.0% |
| Tangible fixed assets | 22/27 | €3,613,752 | €2,571,875 | -€1.0m | -28.8% |
| Plant, machinery and equipment | 23 | €2,505,303 | €1,785,844 | -€719,459 | -28.7% |
| Furniture and vehicles | 24 | €516,306 | €385,345 | -€130,961 | -25.4% |
| Leasing and similar rights | 25 | €3,825 | €2,647 | -€1,178 | -30.8% |
| Other tangible fixed assets | 26 | €588,318 | €398,039 | -€190,279 | -32.3% |
| Financial fixed assets | 28 | €7,071 | €7,605 | +€534 | +7.6% |
| Other financial fixed assets | 284/8 | €7,071 | €7,605 | +€534 | +7.6% |
| Amounts receivable and cash guarantees | 285/8 | €7,071 | €7,605 | +€534 | +7.6% |
| Current assets | 29/58 | €29,328,287 | €26,048,059 | -€3.3m | -11.2% |
| Amounts receivable after more than one year | 29 | €4,923 | - | -€4,923 | |
| Trade receivables | 290 | €4,923 | - | -€4,923 | |
| Stocks and contracts in progress | 3 | €13,565,365 | €12,328,587 | -€1.2m | -9.1% |
| Stocks | 30/36 | €13,565,365 | €12,328,587 | -€1.2m | -9.1% |
| Raw materials and consumables | 30/31 | €31,179 | €141,845 | +€110,666 | +354.9% |
| Goods purchased for resale | 34 | €13,462,941 | €12,114,395 | -€1.3m | -10.0% |
| Property held for sale | 35 | €71,245 | €72,347 | +€1,102 | +1.5% |
| Amounts receivable within one year | 40/41 | €14,399,030 | €12,715,809 | -€1.7m | -11.7% |
| Trade receivables | 40 | €13,967,534 | €12,282,322 | -€1.7m | -12.1% |
| Other amounts receivable | 41 | €431,496 | €433,487 | +€1,991 | +0.5% |
| Cash at bank and in hand | 54/58 | €1,140,689 | €716,707 | -€423,982 | -37.2% |
| Deferred charges and accrued income | 490/1 | €218,280 | €286,956 | +€68,676 | +31.5% |
| Total equity and liabilities | 10/49 | €33,008,422 | €28,688,043 | -€4.3m | -13.1% |
| Equity | 10/15 | €2,359,446 | €2,808,520 | +€449,074 | +19.0% |
| Contributions | 10/11 | €5,680,000 | €6,880,000 | +€1.2m | +21.1% |
| Capital | 10 | €2,800,000 | €2,800,000 | = | 0.0% |
| Issued capital | 100 | €2,800,000 | €2,800,000 | = | 0.0% |
| Outside capital | 11 | €2,880,000 | €4,080,000 | +€1.2m | +41.7% |
| Share premium | 1100/10 | €2,880,000 | €4,080,000 | +€1.2m | +41.7% |
| Reserves | 13 | €587,963 | €587,963 | = | 0.0% |
| Non-distributable reserves | 130/1 | €587,963 | €587,963 | = | 0.0% |
| Legal reserve | 130 | €587,963 | €587,963 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,908,517 | -€4,659,443 | -€750,926 | -19.2% |
| Provisions and deferred taxes | 16 | €56,946 | €4,575 | -€52,371 | -92.0% |
| Provisions for liabilities and charges | 160/5 | €56,946 | €4,575 | -€52,371 | -92.0% |
| Pensions and similar obligations | 160 | €4,809 | €4,575 | -€234 | -4.9% |
| Other liabilities and charges | 164/5 | €52,137 | - | -€52,137 | |
| Amounts payable | 17/49 | €30,592,030 | €25,874,948 | -€4.7m | -15.4% |
| Amounts payable after more than one year | 17 | €3,088,362 | €3,095,438 | +€7,076 | +0.2% |
| Financial debts | 170/4 | €3,002,936 | €3,001,722 | -€1,214 | 0.0% |
| Leasing and similar obligations | 172 | €2,936 | €1,722 | -€1,214 | -41.3% |
| Other loans | 174 | €3,000,000 | €3,000,000 | = | 0.0% |
| Other amounts payable | 178/9 | €85,426 | €93,716 | +€8,290 | +9.7% |
| Amounts payable within one year | 42/48 | €27,281,660 | €22,406,876 | -€4.9m | -17.9% |
| Current portion of amounts payable after more than one year | 42 | €1,031 | €1,117 | +€86 | +8.3% |
| Trade debts | 44 | €22,527,104 | €16,857,961 | -€5.7m | -25.2% |
| Suppliers | 440/4 | €22,527,104 | €16,857,961 | -€5.7m | -25.2% |
| Taxes, remuneration and social security | 45 | €2,018,122 | €1,579,402 | -€438,720 | -21.7% |
| Taxes | 450/3 | €95,377 | €55,639 | -€39,738 | -41.7% |
| Remuneration and social security | 454/9 | €1,922,745 | €1,523,763 | -€398,982 | -20.8% |
| Other amounts payable | 47/48 | €2,735,403 | €3,968,396 | +€1.2m | +45.1% |
| Accrued charges and deferred income | 492/3 | €222,008 | €372,634 | +€150,626 | +67.8% |
| Operating income | 70/76A | €255,289,534 | €250,681,347 | -€4.6m | -1.8% |
| Turnover | 70 | €248,044,355 | €247,462,717 | -€581,638 | -0.2% |
| Other operating income | 74 | €5,149,486 | €3,206,568 | -€1.9m | -37.7% |
| Non-recurring operating income | 76A | €2,095,693 | €12,062 | -€2.1m | -99.4% |
| Operating charges | 60/66A | €255,166,910 | €255,014,836 | -€152,074 | -0.1% |
| Goods for resale, raw materials and consumables | 60 | €216,358,987 | €216,475,210 | +€116,223 | +0.1% |
| Purchases | 600/8 | €217,019,832 | €215,234,783 | -€1.8m | -0.8% |
| Change in stocks: decrease (increase) | 609 | -€660,845 | €1,240,427 | +€1.9m | |
| Services and other goods | 61 | €20,414,528 | €20,530,799 | +€116,271 | +0.6% |
| Remuneration, social security and pensions | 62 | €16,314,440 | €15,949,845 | -€364,595 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,430,209 | €1,267,771 | -€162,438 | -11.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €259,106 | €153,953 | -€105,153 | -40.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €25,832 | -€52,371 | -€78,203 | |
| Other operating charges | 640/8 | €350,079 | €513,114 | +€163,035 | +46.6% |
| Non-recurring operating charges | 66A | €13,729 | €176,515 | +€162,786 | +1185.7% |
| Operating profit (loss) | 9901 | €122,624 | -€4,333,489 | -€4.5m | |
| Financial income | 75/76B | €376,451 | €257,676 | -€118,775 | -31.6% |
| Recurring financial income | 75 | €241,700 | €257,676 | +€15,976 | +6.6% |
| Income from financial fixed assets | 750 | €9,356 | €3,154 | -€6,202 | -66.3% |
| Other financial income | 752/9 | €232,344 | €254,522 | +€22,178 | +9.5% |
| Non-recurring financial income | 76B | €134,751 | - | -€134,751 | |
| Financial charges | 65/66B | €298,875 | €460,248 | +€161,373 | +54.0% |
| Recurring financial charges | 65 | €298,875 | €460,248 | +€161,373 | +54.0% |
| Debt charges | 650 | €228,331 | €394,713 | +€166,382 | +72.9% |
| Other financial charges | 652/9 | €70,544 | €65,535 | -€5,009 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €200,200 | -€4,536,061 | -€4.7m | |
| Income taxes | 67/77 | €14,412 | €14,866 | +€454 | +3.2% |
| Taxes | 670/3 | €15,000 | €15,000 | = | 0.0% |
| Tax adjustments and reversals of tax provisions | 77 | €588 | €134 | -€454 | -77.2% |
| Profit (loss) for the period | 9904 | €185,788 | -€4,550,927 | -€4.7m | |
| Profit (loss) for the period to be appropriated | 9905 | €185,788 | -€4,550,927 | -€4.7m |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.